The median home in McHenry, Illinois is valued at $297,359, up 4.9% year over year. Typical monthly rent is $2,000, producing a price-to-rent ratio of 12.4x — below the national average of 18x. McHenry is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Chicago-Naperville-Elgin, IL-IN-WI stress score, crash risk, and 12-month forecast →

Home Value$297,359

+4.9%

Rent$2,000/mo

AFFORDABILITY

Enter your income for McHenry.

Income (annual)

Down Payment

$59,472 on $297,359

Stretch — 35.3% of income

Above 28% but manageable with cuts.

PITI$2,206

P/I35.3%

Afford$236K

Gap-$61K

P&I $1,504Tax $553Ins $150

Renting $206/mo cheaper ($2,000 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare McHenry with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

View Chicago-Naperville-Elgin, IL-IN-WI metro →

MCHENRY, IL